Good point GP,
the project should indeed see its highest production in the first 3 years or so, which will hopefully enable the company to quickly pay back the debt and start to progress a regional exploration program, with some serious $$. So little drilling has really gone on around the main deposit...
@Black Cat - I know you hold around CMM, so hopefully this is of some interest to you (and CMM holders).
GCY are finally getting close to sinking some holes into its Mumbakine tenement (only been 8 years of waiting).
Though of course, due to the lack of exploration in the area, the chances of a discovery, are.... well, I think you know the odds better than me!
Hopefully the quarterly later this month is able to provide more concrete proof that ramp up is going to plan.
Good point GP,the project should indeed see its highest...
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Last
$5.46 |
Change
0.160(3.02%) |
Mkt cap ! $2.061B | |||
| Open | High | Low | Value | Volume |
| $5.31 | $5.46 | $5.29 | $2.603M | 479.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 7531 | $5.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.46 | 7948 | 2 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| CMM (ASX) Chart |